Best Cities for Homeownership in Texas

Maggie Clark of NerdWallet Finance recently reported her findings on the best cities for home ownership in Texas. Find out why Little Elm ranked #1 as the best city for home ownership in Texas.
In the northern suburbs of Dallas sits Little Elm, where nearly 83 percent of all the homes in town are owned rather than rented and monthly homeowner costs represent just 24.3 percent of median household income, according to the U.S. Census Bureau. The city is booming- its population grew by 16.7 percent between 2010-2012, the fastest rate of any city on our list. Residents here are about 35 miles from downtown Dallas and have access to job opportunities all over the metro region or in town at local companies including Vanish Point, which manufactures safe needles for medical professionals. For fun in the sun, residents can head to Little Elm Park to relax on Lake Lewisville.